Amarketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n emplovees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of emor fo estimating the true proportion of employees who prefer that plan. OA. p=0536; E= -0.12 OB. p=0.416; E= 0.24 OC p=0416, E= .12 OD. p=0 296, E = 024

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A marketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n employees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of eror for
estimating the true proportion of employees who prefer that plan.
O A. p=0.536; E = -0.12
O B. =0.416; E = 0.24
OC. p=0416; E = 0.12
O D. p=0 296; E = 0 24
Click to select your answer.
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Transcribed Image Text:A marketing research company needs to estimate which of two medical plans its employees prefer. A random sample of n employees produced the 99% confidence interval (0.296,0.536) for the proportion of employees who prefer plan A. Identify the point estimate and margin of eror for estimating the true proportion of employees who prefer that plan. O A. p=0.536; E = -0.12 O B. =0.416; E = 0.24 OC. p=0416; E = 0.12 O D. p=0 296; E = 0 24 Click to select your answer. BANG & OLUFSEN prt sc 141 delete home pg dn esc end dn Bd @ 23 % & 3 4 5. 7. 8 num + backspace lock Q W E R Y 8. 9. tab home pg up S F K L 4 6 caps lock enter
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